1862 Seated Liberty quarter~ ?

marz · February 18, 2007 4:57PM

I am told though a common date that the 1862 is very difficult to find!
Is this true? Any advanced seated quarter collectors out there with an experienced thought on this date?
Thanks

lathmach · February 18, 2007 10:09PM

The 1862 Seated Quarter from the Philadelphia Mint is a common date that doesn't appear as often as would be expected.
Look at any you come across for the type 1 reverse. If you find one, let me know.

Ray

seanq · February 18, 2007 11:02PM

Here is my example, purchased last year.

No idea what type the reverse is, or how to differentiate between the different types. Lathmach, care to expound a bit?

Sean Reynolds

lathmach · February 18, 2007 11:24PM

That's the type 2, seanq.

Ray

lathmach · February 18, 2007 11:42PM

By the way, clips on Seated Quarters are real rare.
I saw 2 that were chain struck several years ago. I don't remember the date and mint. The seller wanted $2000 for them at the time.
I didn't have the money to buy them.

Ray

marz · February 19, 2007 3:09PM

the one offered to me is mint state ** (dont know). Not sure what to pay for it either?

Dennis88 · February 19, 2007 11:21PM

<< <i>the one offered to me is mint state ** (dont know). Not sure what to pay for it either?

>>

Can't say that without more information.... Definately depends on both numerical grade at PCGS and overall eye-appeal.

Dennis

lordmarcovan · February 19, 2007 11:23PM

The highest-graded Seated quarter I've ever owned was an 1862. PCGS MS64, and white. It was a beauty. Too bad I no longer have pix of it.

lordmarcovan · February 19, 2007 11:25PM

<< <i>By the way, clips on Seated Quarters are real rare.
I saw 2 that were chain struck several years ago. I don't remember the date and mint. The seller wanted $2000 for them at the time.
I didn't have the money to buy them. >>

Please elaborate on what "chain struck" means. I have an assumption already formed, but want to make sure it's correct.

lathmach · February 20, 2007 12:11AM

Chain struck was the term the seller used to describe the error.
Two planchets straddled the dies and were struck at the same time,
having a design that was half on one, and half on the other.
Like an off center strike on both of them that matched perfectly.

Ray

lordmarcovan · February 20, 2007 12:15AM

Thanks. That was similar to the picture I had in mind, but not exactly.

marz · February 23, 2007 4:48PM

hi men!

PCGS* graded my quarter a healthy MS-62!

I'll scan it on here when I get it back home......

can anyone tell me what they think it would be worth?
( I realize your not seeing the coin and pricing plastic right now*)

thanks

roadrunner · February 23, 2007 11:46PM

A typical MS62 1862 might be worth $400. That could swing 10-20% either way based on quality and eye appeal. Hard to find MS62 coins will FULL field luster and no rub. Most slabbed MS62 coins have been circulated. The key is finding one without all the usuall tell-tale field chatter.

Another forum member asked me about no motto reverses this morning of all things. So I had to refresh my memory.

The type 1 reverse has a concave (sunken) eagle's eye. The type 2 has a round and full appearing eye. The type 1 obverse ('59-60)
has no vertical shield stripes under "E" in liberty (above the scroll).
The type 2 does have the stripes extended. As Ray alluded to, a major transitional rarity could be sleeping out there. The easy way to remember these is the later versions are improvements, more correct or more appealing....imo.

roadrunner

1862 Seated Liberty quarter~ ?

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